Mainstay High Yield Fund Analysis

MYHCX Fund  USD 5.22  0.02  0.38%   
Mainstay High Yield is overvalued with Real Value of 4.8 and Hype Value of 5.22. The main objective of Mainstay High fund analysis is to determine its intrinsic value, which is an estimate of what Mainstay High Yield is worth, separate from its market price. There are two main types of Mainstay Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Mainstay High Yield. On the other hand, technical analysis, focuses on the price and volume data of Mainstay Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Mainstay High mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay High Yield. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Mainstay Mutual Fund Analysis Notes

The fund maintains about 6.35% of assets in cash. Mainstay High Yield last dividend was 0.02 per share. Large To find out more about Mainstay High Yield contact the company at 800-624-6782.

Mainstay High Yield Investment Alerts

The fund maintains about 6.35% of its assets in cash

Mainstay Market Capitalization

The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mainstay High's market, we take the total number of its shares issued and multiply it by Mainstay High's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Top Mainstay High Yield Mutual Fund Constituents

Technical Drivers

As of the 30th of November, Mainstay High secures the Mean Deviation of 0.0753, coefficient of variation of 837.13, and Risk Adjusted Performance of 0.039. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay High Yield, as well as the relationship between them.

Mainstay High Yield Price Movement Analysis

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The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mainstay High middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mainstay High Yield. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Mainstay High Outstanding Bonds

Mainstay High issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mainstay High Yield uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mainstay bonds can be classified according to their maturity, which is the date when Mainstay High Yield has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Mainstay High Predictive Daily Indicators

Mainstay High intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mainstay High mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Mainstay High Forecast Models

Mainstay High's time-series forecasting models are one of many Mainstay High's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mainstay High's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Mainstay Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Mainstay High prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mainstay shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Mainstay High. By using and applying Mainstay Mutual Fund analysis, traders can create a robust methodology for identifying Mainstay entry and exit points for their positions.
The fund, under normal circumstances, invests at least 80 percent of its assets in high-yield corporate debt securities, including all types of high-yield domestic and foreign corporate debt securities that are rated below investment grade or that are unrated but are considered to be of comparable quality by the Subadvisor. It may invest up to 20 percent of its net assets in common stocks and other equity-related securities.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Mainstay High to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Mainstay Mutual Fund

Mainstay High financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay High security.
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